The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.
LUDWIG VON MISESThe real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
More Ludwig von Mises Quotes
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Government cannot make man richer, but it can make him poorer.
LUDWIG VON MISES -
The criterion of truth is that it works even if nobody is prepared to acknowledge it.
LUDWIG VON MISES -
What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.
LUDWIG VON MISES -
Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
LUDWIG VON MISES -
Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
LUDWIG VON MISES -
The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
LUDWIG VON MISES -
If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.
LUDWIG VON MISES -
What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
LUDWIG VON MISES -
Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.
LUDWIG VON MISES -
To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.
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The final outcome of the credit expansion is general impoverishment.
LUDWIG VON MISES -
Freedom really means the freedom to make mistakes.
LUDWIG VON MISES -
There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.
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Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
LUDWIG VON MISES